SureTrader
Interactive Brokers Advertisement
Home > Boards > Free Zone > User's Groups > "Savvy Trades and Investments”

Let's hope on GRVY. In a normal

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (3) | Next 10 | Previous | Next
hweb2 Member Profile
Member Level 
Followed By 282
Posts 12,160
Boards Moderated 18
Alias Born 12/28/02
160x600 placeholder
hweb2 Member Level  Friday, 11/10/17 04:13:37 PM
Re: researcher59 post# 41010
Post # of 41457 
Let's hope on GRVY. In a normal market, I'd totally agree with ya. But we're in a market bubble right now where junky stocks like CREG are soaring on massive volume. Like something straight out of 1999.

I found the GRVY earnings disappointing (biased opinion ha). Revenues down 12% sequentially, net income down 24% sequentially. The crazy run from the $40's to the $70's since that report last Monday has made zero sense to me. But GRVY still has fundamentals that are a million times better than the trashy stocks that are flying. So maybe we've only seen a healthy pullback on GRVY the last couple days...before the stock resumes its climb to the $80's and beyond. If the markets keep rocking thru yearend, things are going to get even frothier.


Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (3) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist